Latest news with #CCAP
San Francisco Chronicle
19 hours ago
- Business
- San Francisco Chronicle
Crescent Capital BDC: Q2 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Crescent Capital BDC, Inc. (CCAP) on Wednesday reported second-quarter earnings of $15 million. On a per-share basis, the Los Angeles-based company said it had profit of 41 cents. Earnings, adjusted for investment costs, came to 46 cents per share. The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 46 cents per share. The company posted revenue of $43 million in the period. _____
Yahoo
26-07-2025
- Business
- Yahoo
Crescent Capital (CCAP) Announces $0.05 Special Dividend Payable in June 2025
Crescent Capital BDC, Inc. (NASDAQ:CCAP) is included among the 14 Stocks that Paid Special Dividends in 2025. A close-up of a hand signing a contract, symbolizing deals being made in private equity and buyouts. In February, Crescent Capital BDC, Inc. (NASDAQ:CCAP) announced a regular first-quarter 2025 dividend of $0.42 per share, along with three special cash dividends of $0.05 per share each, scheduled for distribution in March, June, and September 2025. However, no supplemental dividend was declared for the fourth quarter due to constraints related to measurement test limits. Crescent Capital BDC, Inc. (NASDAQ:CCAP) closed the year with a diversified portfolio valued at $1.6 billion, spread across 185 companies. The firm kept 90% of its investments in first-lien loans. Non-accruals remained low, accounting for just 0.9% of total debt investments at fair value, below the industry average. Crescent Capital BDC, Inc. (NASDAQ:CCAP) currently offers a quarterly dividend of $0.42 per share and has an attractive dividend yield of 12.27%, as of July 23. It is a specialty finance firm that provides loans to middle-market businesses. Its main goal is to deliver strong overall returns to shareholders by generating steady income and potential capital gains through a mix of debt and related equity investments. While we acknowledge the potential of CCAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Scotsman
09-07-2025
- General
- Scotsman
From the Scottish Borders to the 'warm heart of Africa'
A minister travelled to Malawi to see first-hand the fruits of a cherished community partnership his congregation enjoys with Thondwe Church of Central Africa Presbyterian (CCAP) Sign up to our daily newsletter – Regular news stories and round-ups from around Scotland direct to your inbox Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Rev Fraser Edwards of Innerleithen, Traquair and Walkerburn Parish Church in the Scottish Borders described it as an "inspiring" trip to the warm heart of Africa. In his own words, he provides an insight into what is a mutually beneficial twinning partnership rooted in faith and friendship, which demonstrated to him that Christians, regardless of where they live in the world, are all one in Christ. Advertisement Hide Ad Advertisement Hide Ad "In 2021, I was ordained and inducted as the minister of Innerleithen, Traquair and Walkerburn Parish Church. Rev Fraser Edwards. Since then, I have been learning about our congregation's 19-year-old partnership with Thondwe CCAP in Malawi and exchanging WhatsApp messages with the minister in Thondwe. Former Moderator of the General Assembly, Very Rev Dr Shaw Paterson, had visited Thondwe in 2024 and then came to our church to share about his visit earlier this year. This visit inspired the Moderator's 'Let your Little Light Shine' challenge to fund solar-powered lights that children can borrow from their school and so far more than £52,000 has been raised. Advertisement Hide Ad Advertisement Hide Ad I was delighted to have the long-awaited opportunity to visit for myself and travelled to Thondwe in June as part of a small group. Innerleithen, Traquair and Walkerburn Church members helped fund a new bridge that connects the Thondwe community with a primary school. Everyone that we met extended such a warm welcome to us and seemed so pleased that we had made the journey to visit. Nothing was too much trouble in terms of looking after us. Luke 3:11 says: "Anyone who has two shirts should share with the one who has none, and anyone who has food should do the same." In Malawi. I could really see this in action and people who have relatively little were much more willing to share than we might be in the UK. Advertisement Hide Ad Advertisement Hide Ad Brown Namakhwa, Thondwe Session Clerk, Rev Fraser Edwards, Rev James Chigoli and Trevor Ndisale, Partnership Committee chairman. The ministers I spoke to all shared that regularly the people of their parish could turn up to their door needing food and would go away with whatever the minister had, even if the minister and family would go hungry to do this. I was inspired by faith that goes deep and real trust in God. Our first day was in the community and everywhere I went there were signs of the partnership at work. A banner made by Walkerburn craft club in the parish hangs with pride of place in Thondwe, the finishing stones of the new bridge linking parts of the community have 'ITW Parish' etched into the concrete. Advertisement Hide Ad Advertisement Hide Ad The bookcases in the school library have small plaques with the names of ITW Church members who sponsored them. In partnership with our local rotary club, the classrooms have been getting equipped with desks and lifting learners off the floor. The long-term benefits of the partnership are seen throughout the community and there is a close relationship. This is not just about sending donations but working together for the benefit of the whole community and learning from each other. Being there for Sunday was a real joy. Advertisement Hide Ad Advertisement Hide Ad Our partnership minster, Rev James Chigoli, looks after four churches and Thondwe is just one of them. Early on Sunday morning he took me to share in a wedding service in Mpita CCAP – I have never seen such joy, singing and dancing in church. Following this service, we returned to Thondwe to share in the Pentecost service, and it was a privilege to be invited to preach. It was a special time to reflect on the different nations gathered at Pentecost and now for Scots and Malawians to join in worship together – all one in Christ Jesus. Advertisement Hide Ad Advertisement Hide Ad One key pillar of our partnership is education and St Ronan's Primary School in Innerleithen has a strong link with the primary school in Thondwe. Primary education is free in Malawi but there are fees to pay for secondary school, so we have also begun to support girls through secondary school. The first cohort of five sponsored girls completed secondary school this year and we were able to hold a graduation ceremony for them. To hear these confident girls' share of their hopes of continuing into further education as doctors, accountants and lawyers was a real encouragement. Advertisement Hide Ad Advertisement Hide Ad We visited many other projects which are in progress including a new water borehole for the school and the church garden where food is grown collectively to support the community in what is known as the hunger months. The fruits of a long-term partnership were seen at every turn and the bonds of faith and friendship are a gift to both sides of the partnership. Thondwe is a rural village without electricity and so there are real limits to electronic communication.
Arabian Post
26-06-2025
- Science
- Arabian Post
Ant Role-Switching Unveils Ancient Social Blueprint
Leafcutter ant colonies, celebrated for their rigid division of labour, have yielded a startling secret: their roles can be rewired with a molecular tweak. Scientists from the University of Pennsylvania orchestrated this transformation using two tiny neuropeptides, shifting defenders into nurses and garden workers into leaf harvesters. The work, published in Cell on 9 June 2025, reveals a mechanism conserved across species, reaching mammals such as naked mole-rats—suggesting a 600‑million‑year‑old evolutionary blueprint guiding social organisation. Research led by Daniel S. Och Penn Integrates Knowledge University Professor Shelley L. Berger focused on the neurochemistry of division of labour in Atta cephalotes, a leafcutter ant species. In these highly structured societies, ants specialise very early, with larger Majors guarding the colony, Media ants gathering leaves, and smaller Minims managing fungal gardens and caring for brood. By altering the levels of crustacean cardioactive peptide and neuroparsin‑A, researchers caused dramatic behavioural shifts: upping CCAP induced gardeners and defenders to start harvesting leaves, while reducing NPA in Majors triggered caregiving instincts. Genetic knockdown and direct peptide injections produced rapid behavioural reassignments, echoed by transcriptomic profiles aligning with the new roles. Media ants treated with CCAP began leaf‑harvesting patterns typical of their subcaste, confirmed by gene‑expression pathways linked to foraging. Similarly, Majors with reduced NPA exhibited brood‑care behaviours and corresponding gene‑expression patterns. ADVERTISEMENT What makes this finding truly remarkable is its cross‑species resonance. Molecular signatures that defined ant behaviour corresponded with those observed in Heterocephalus glaber, the naked mole‑rat—another eusocial species with task‑based worker castes. The parallel suggests that neuropeptide‑driven social regulation may trace back to a common ancestor deep in evolutionary history. 'We were amazed to see the apparent similarity of gene regulation between nurses and foragers of ants compared to naked mole‑rat mammals,' Berger said, noting that these parallels were unexpected given the vast evolutionary gulf. The study also hints at deeper biological links, particularly regarding insulin signalling and longevity. Leafcutter ant expression patterns showed interplay with insulin pathways previously associated with lifespan control. Naked mole‑rats are known for exceptional longevity, often living beyond 37 years—almost unheard of in rodents—and for their cancer resistance and negligible ageing. Members of Berger's team, including Michael B. Gilbert and Karl M. Glastad, emphasised the role of these neuropeptides as modulators rather than executors of behaviour. Their study, based on rigorous gene expression analyses from both ants and naked mole‑rats, pointed to a convergent evolution model: similar molecular tools repurposed by different species to achieve comparable social complexity. Behavioural plasticity within ant castes was previously explored by examining epigenetic factors and brain structure. Yet, this experiment demonstrates that acute chemical manipulation can override morphological predispositions, offering a dramatic proof of role reversibility in one of nature's most disciplined societies. The findings imply latent flexibility—ants may be much more dynamic in their roles than previously believed. Experts note that while role switching in ants may feel ethically distant, the insights have broader ramifications. Neuropeptides are key regulators in diverse taxa, humans included. For instance, oxytocin in humans influences parental care; the ant study opens questions about universal behavioural circuits shaped by peptides. A deeper understanding of these molecular circuits could eventually inform approaches to social behaviour disorders or age‑related decline. However, some caution that translating findings from invertebrates and subterranean rodents to humans is premature. Neuropeptide systems and brain architectures vary widely. Moreover, nudging behaviour with peptide injections in controlled lab settings does not equate to social engineering in complex natural environments. Still, the implications are profound. The discovery of CCAP and NPA as behavioural switches not only rewrites our understanding of ant societies but also challenges our notions of how ancient molecular codes govern social life. It invites a reevaluation of social evolution, suggesting that similar neurochemical pathways could underlie task allocation in humans, mammals, insects—and maybe even further back in the tree of life.
GMA Network
25-06-2025
- Business
- GMA Network
Agri chief seeks CCAP backing for cold storage infra development
Agriculture Secretary Francisco Tiu Laurel Jr. has called on the Cold Chain Association of the Philippines (CCAP) to back the Department of Agriculture's (DA) initiative in accelerating the development of cold storage infrastructure in the country. 'It is a foundation for transforming the agricultural landscape, minimizing post-harvest losses, increasing incomes for farmers and fisherfolk, and delivering safe, high-quality food to Filipino families,' Tiu Laurel told CCAP during its annual membership meeting in Boracay island Malay, Aklan on Thursday. The Agriculture chief said the DA is fast-tracking its cold chain expansion through the rollout of modular and mega cold storage warehouses (CSWs) in major agricultural regions. 'These facilities are designed to be scalable and adaptable, with modular features that accommodate local conditions while maintaining operational efficiency and integrity,' he said. Tiu Laurel said the 'mega CSWs' are being developed to handle large-volume storage, with capacities ranging from 1,700 to over 8,000 pallet positions, serving key production and distribution hubs nationwide. To support a comprehensive logistics ecosystem, the infrastructure will also include refrigerated vans, dryers, tramlines, packaging equipment, and ice plants, according to the DA chief. Tiu Laurel said the DA has allocated P3 billion to build, starting this year, around 99 cold storage facilities aimed at extending the shelf life of fruits, vegetables, and other high-value crops. These planned refrigerated warehouses will feature hybrid systems, designed to operate on both renewable energy sources—such as solar and wind—and electricity from the main power grid. This approach ensures efficient and environmentally sustainable operations, especially in remote or underserved agricultural areas. 'We also recognize that cold storage infrastructure is only one part of the equation,' Tiu Laurel said. 'The development of food hubs and agri-fisheries ports—while more extensive in scope and requiring longer timelines—remains a critical long-term priority,' he added. Beyond boosting storage capacity, the Agriculture chief said the network of facilities will help strengthen regional aggregation, streamline distribution, and improve market access—connecting producers directly with consumers to stabilize supply and lower food prices. Tiu Laurel also emphasized the importance of such investments in empowering rural communities, promoting price stability, and reducing food waste, while building a more resilient and climate-smart agri-food system. He said that CCAP's technical expertise and support are vital in turning this strategic infrastructure program into reality. — RSJ, GMA Integrated News
